The full picture · 2 sources
North Dakota launches transparency website for Legacy Fund
Updated Oct 29, 1:37 PM CT. Every fact below links to the source that reported it.
What the primary sources show
- The North Dakota Retirement and Investment Office launched legacyfund.nd.gov, a public transparency website allowing residents to explore the state's Legacy Fund holdings worldwide. [KFYR-TV]
- The Legacy Fund is valued at more than $15 billion and receives 30% of North Dakota's oil and gas production and extraction tax revenues. [KFYR-TV]
- The website features an interactive world map showing fund holdings by country, with users able to filter by asset class and sector or search by company name. [KFYR-TV]
- The State Investment Board manages the fund's investments, the Retirement and Investment Office provides investment services, and the Legacy and Budget Stabilization Fund Advisory Board recommends investment policy. [KFYR-TV]
- The website was developed in response to House Bill 1319 from the 2025 legislative session, with Maryland-based Tactis LLC designing and building the site and North Dakota company Devii providing the data platform. [KFYR-TV]
What they left out / still unanswered
- What specific information gaps did the lawmaker say the website still fails to address?
- What was the cost of developing the website?
- How frequently will the transparency website's investment data be updated?
Official line vs. how each source framed it
- Bismarck Tribune: Notes the launch but emphasizes that billions in fund holdings remain difficult to track, citing a lawmaker's concern that transparency is inadequate. Read it → · Paywall
- KFYR-TV: Provides detailed overview of website features, fund governance structure, and development process, portraying the site as making Legacy Fund information accessible to North Dakotans. Read it → · Ads
701 News writes these summaries from the sources above and checks every sentence against them. Read the originals for the full reporting. Corrections